Prime Minister Sheikh Hasina asks mobile phone operators to bring down internet service fees at consumer level as the government has reduced its bandwidth fees.

The telecom regulator is in the last stage of appointing financial and technical auditors to mobile operators Grameenphone and Robi as

A place of residence is no longer an address; it has more to do with the emotions of the dwellers.

Four private borrowers, mostly from the power sector, got loans of $120.72 million from seven banks and financial institutions under an investment promotion programme of the World Bank.

Effective policy and its timely implementation are crucial for the garment sector in Bangladesh to tap the potential that exporters, the government and international organisations often discuss.

Bharti Airtel is now reviving its plan to sell its Bangladesh and Sri Lanka operations and has appointed two bankers to conduct the sale, Indian television channel CNBC-TV18 reported.

With share prices in Shanghai and Hong Kong up and down all day, it would be premature to say that yesterday's decision by the People's Bank of China to cut interest rates and make it easier for banks to lend has brought calm to stock markets.

Iqbal Mahmud, a former telecom secretary, was appointed chairman of Bangladesh Telecommu-nication Regulatory Commission

China has cut its main interest rate to boost growth in its economy.

A forum of gateway operators yesterday increased the international incoming call termination rate by 33.33 percent to 2 cents per

Bangladesh Bank yesterday warned it would curtail the functions of BASIC Bank as per laws if the problem-ridden lender did not

India opened its first private bank in 11 years that will focus on micro loans to give financial inclusion a boost.

Bankers and analysts yesterday criticised the central bank's draft guidelines on mobile financial services that proposed forming a platform consisting of multiple players with no single party having more than 15 percent stake.

Garment exports to Japan rose 14.02 percent to $652.55 million in fiscal 2014-15 partly due to relaxed rules of origin for Bangladeshi knitwear.

Robi's net profits declined 17.41 percent year-on-year in the second quarter of the year on the back of a rise in capital expenditure.

Credit rollout by local private banks grew at a faster rate than foreign and state-run lenders last fiscal year due to their aggressive push for more profit.

Commercial banks are now getting access to the national identity database, which bankers said would help them check authenticity of clients' information and reduce forgeries.

Bangladesh Bank has decided to use information technology to identify scams and thwart irregularities in banks.

Mobile phone operators stand divided over inter-connection charges, with two of them seeking absolute removal of the fees, and three others opposing it.

In 1978, Noorul Quader Khan, who is also called the father of the country's garment industry, was struggling to start production in his Desh Garments Ltd due to a lack of working capital and apparel accessories although the factory was ready with trained manpower.